Munich Re held prostitute party

A bottle of champagne being opened

About 100 guests gathered at the Gellert spa "and transformed the historic site into an open-air brothel," according to Handelsblatt.

The business newspaper reported that the women wore armbands: red for hostesses, yellow for sexual favours and white for prostitutes reserved for top executives and agents. Guests coming into the party were searched before entry and forbidden from taking cameras inside, according to one guest Handelsblatt interviewed.

The newspaper said the prostitutes would get a

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